A lot of comedians -- like, millions of them -- spend decades hoping that "Saturday Night Live" will notice their talent. Pete Davidson graduated from high school just a few years ago, and he's already being acknowledged as the long-running NBC show's best new addition, thanks to his debut performance a couple nights ago.

Here at MTV, we already knew that Pete had a crazy bright future ahead of him. Over the past couple seasons of MTV2's "Guy Code," he's delivered many of the funniest lines. Word got to "SNL" executive producer Lorne Michaels, and earlier this month Pete signed on to be a featured player.

So, how'd he do in his first bit? Dude killed it! Appearing on "Weekend Update" alongside new anchor Michael Che (another MTV vet), Pete mocked homophobia, pointing out that every guy has a price. "Pete, you must be gay?" he asked rhetorically. "No, I'm a businessman!" Watch the video below:

Everyone from "SNL" fans to TV critics called it the episode's funniest moment -- Just Jared even tweeted that Pete "stole the whole show tonight." Here are other reactions from Twitter...